Terramin Australia

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

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Trading Performance

Commodity Channel Index

Score

1.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 58 8.2 0.57% 0.89% 4.1% -3.3% 14.1%
SHORT 60 6.1 0.67% 1.21% 4.8% -3.0% 91.8%

Summary

Technical Analysis

Terramin Australia (TZN.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $0.091
Signal Strength: MEDIUM
Recommendation:

Terramin Australia (ASX:TZN) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 91. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -220.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The Commodity Channel Index indicator takes a security’s change in price and compares that to its average change in price. CCIs calculation produces positive and negative values that oscillate above and below a Zero Line. Typically a value of 100 is identified as overbought and a reading of -100 is identified as being oversold.

Calculation: 20 Period CCI:
1) CCI = (Typical Price - 20 Period SMA of TP) / (.015 x Mean Deviation);
2) Typical Price (TP) = (High + Low + Close)/3;


PROFILE: Terramin Australia (TZN.AX)


Stock Exchange: ASX
Company: Terramin Australia
Ticker Codes: | TZN.AX | ASX:TZN |

About Terramin Australia (ASX:TZN):

Terramin Australia Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of base and precious metals, and other economic mineral deposits in Australia and internationally. The company primarily explores for zinc, lead, gold, copper, and rare earth elements. Its flagship project is the Tala Hamza zinc project located on the Mediterranean coast in Algeria. The company was incorporated in 1993 and is based in Fullarton, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
NHF NIB 6.82 15.8 4,054,736 588 BULLISH
MPL Medibank Private 3.21 11.5 23,800,298 458 BULLISH
MNY Money3 2.21 9.4 151,763 352 BULLISH
EML Emerchants 2.25 9.2 1,361,616 224 BULLISH
AFA ASF 0.12 9.1 11,208 120 BULLISH
RHC Ramsay Health Care 69.58 7.3 1,172,273 410 BULLISH
AYS Amaysim Australia 0.76 7 283,622 370 BULLISH
MEZ Meridian Energy 4.2 6.3 25,687 194 BULLISH
GGG Greenland Minerals 0.09 5.7 2,860,427 196 BULLISH
JBH Jb Hi-Fi 26.92 5.2 559,642 233 BULLISH